3m Company Stock Today
| MMM Stock | USD 134.69 1.78 1.34% |
Performance13 of 100
| Odds Of DistressLess than 16
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3M is selling at 134.69 as of the 31st of August 2024; that is 1.34% up since the beginning of the trading day. The stock's lowest day price was 132.61. 3M has less than a 16 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Note, on August 15, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of 3M Company's common stock.
Business Domain Capital Goods | IPO Date 2nd of January 1970 | Category Industrials |
3M Company operates as a diversified technology company worldwide. It offers its products through e-commerce and traditional wholesalers, retailers, jobbers, distributors, and dealers. 3M operates under Conglomerates classification in the United States and is traded on New York Stock Exchange. The company has 549.35 M outstanding shares of which 8.72 M shares are now shorted by investors with about 1.63 days to cover. More on 3M Company
Moving together with 3M Stock
| 0.66 | J | Jacobs Solutions Fiscal Year End 19th of November 2024 | PairCorr |
| 0.87 | R | Ryder System | PairCorr |
| 0.66 | DIST | Distoken Acquisition | PairCorr |
Moving against 3M Stock
Follow Valuation Options Odds of Bankruptcy
Fiscal Year End 28th of January 2025
3M Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO Director | William Brown | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 6 themes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Mining Minerals & Metals plc, Marley Spoon SE, 3M Co.] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Industrial Conglomerates, Capital Goods, Industrials, Dow Jones Industrial, NYSE Composite, SP 500 Index, SP 100 Index, SP 100, Dow Jones Composite, ARCA Major Markets, SPASX All Technology, Australia All Ordinaries, NYSE 100 Index, BETTERINVESTING 100 INDEX, Giant Impact, Macroaxis Index, Medical Equipment, Baby Boomer Prospects, Climate Change, Dividend Beast, Industrials, Industrial Conglomerates, Conglomerates, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Excise Tax Activities | Animal Testing | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt Levels3M can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand 3M's financial leverage. It provides some insight into what part of 3M's total assets is financed by creditors.
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3M Company (MMM) is traded on New York Stock Exchange in USA. It is located in 3M Center, Saint Paul, MN, United States, 55144-1000 and employs 85,000 people. 3M is listed under Industrial Conglomerates category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 73.99 B. 3M Company runs under Industrial Conglomerates sector within Industrials industry. The entity has 549.35 M outstanding shares of which 8.72 M shares are now shorted by investors with about 1.63 days to cover.
3M Company has about 3.65 B in cash with 6.68 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.49.
Check 3M Probability Of Bankruptcy
Ownership Allocation3M Company secures a total of 549.35 Million outstanding shares. Over half of 3M's outstanding shares are owned by institutions. These institutions are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Please note that on August 15, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of 3M Company's common stock.
Check 3M Ownership Details
3M Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Norges Bank | 2024-06-30 | 4.4 M | |
| Amvescap Plc. | 2024-03-31 | 4.2 M | |
| Millennium Management Llc | 2024-03-31 | 3.8 M | |
| Fmr Inc | 2024-03-31 | 3.8 M | |
| Charles Schwab Investment Management Inc | 2024-06-30 | 3.6 M | |
| Hhg Plc | 2024-06-30 | 3.4 M | |
| Goldman Sachs Group Inc | 2024-06-30 | 3.4 M | |
| Barclays Plc | 2024-03-31 | 3.1 M | |
| Wells Fargo & Co | 2024-03-31 | 3 M | |
| Vanguard Group Inc | 2024-06-30 | 49.9 M | |
| Blackrock Inc | 2024-06-30 | 38.4 M |
3M Historical Income Statement
3M Stock Against Markets
3M Corporate Directors
| Thomas Brown | Independent Director | Profile | |
| Ahmet Kent | Independent Director | Profile | |
| David Dillon | Independent Director | Profile | |
| Dambisa Moyo | Independent Director | Profile |
Additional Information and Resources on Investing in 3M Stock
When determining whether 3M Company is a strong investment it is important to analyze 3M's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3M's future performance. For an informed investment choice regarding 3M Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in 3M Company. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Industrial Conglomerates space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3M. If investors know 3M will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3M listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 5.21 | Earnings Share 2.57 | Revenue Per Share 58.822 | Quarterly Revenue Growth (0) |
The market value of 3M Company is measured differently than its book value, which is the value of 3M that is recorded on the company's balance sheet. Investors also form their own opinion of 3M's value that differs from its market value or its book value, called intrinsic value, which is 3M's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3M's market value can be influenced by many factors that don't directly affect 3M's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3M's value and its price as these two are different measures arrived at by different means. Investors typically determine if 3M is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3M's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.